This auction has ended.

Check out more Ford Mustang listings here.

Auction Sold
Reserve not met

1998 Ford Mustang SVT Cobra Convertible

1 of 171
Auction Sold
Reserve not met
  • Last bidTag$15,000
  • Ended
    Tue, Aug 29, 2023
    7:50 pm UTC
  • BidsUser22
  • ViewsEye outline7,163
  • LocationPin outlineGrand Rapids, Michigan

Never miss a car.

Sign up for Hagerty Marketplace newsletter to keep tabs on cars for sale, recent transactions and featured lots and listings.

Seller
Chassis/VIN1FAFP46V3WF179405
Mileage indicated68,456 Miles
Engine4.6-Liter V8
TransmissionManual

Description

When the fourth generation Mustang began rolling out of Dearborn in 1993, it was the first major update for the Mustang in 15 years, quickly replacing the beloved Fox Body which successfully restored the pony car’s performance image. While base models were equipped with a V6 engine, the Mustang GT and high-performance Cobra SVT models featured a proper American V8 known by many as the “Romeo Engine.” Carefully hand-built by just two trusted technicians at the engine plant in Romeo, Michigan, this twin camshaft, multi-valve powerplant utilized an all-aluminum block cast by Italian firm, Teksid – a caster of engine components for championship-winning Formula One teams. Producing 305 horsepower and 300 lb-ft of torque, the SVT Cobra would also feature many handling improvements from the Special Vehicle Team (SVT) including hydraulically power-assisted rack and pinion steering and modified Macpherson-type front suspension with lower control arms, struts, and a 29 mm stabilizer bar. Combined with a power-retractable convertible top, the SVT Cobra provides enthusiasts with a high-performance V8 and an exciting driving experience from an American icon.

Highlights

  • Offered in stock, well-cared for condition benefitting from single ownership for 14 years  

  • Finished in a vibrant, new-for-1998 shade of Canary Yellow

  • Powered by a hand-built “Romeo” 4.6-liter V8 engine producing 305 horsepower 

  • Visually distinguished by an upgraded hood, rear valance “Cobra” panel, polished exhaust tips, and a unique front fascia with round fog lamps 

  • Five-spoke cast-alloy Cobra wheels first used on the 1995 SVT Cobra R race car 

  • One of 3,480 convertibles produced for 1998 – the third year the convertible top was offered on the Mustang since 1970

  • Displaying just under 68,500 miles at the time of cataloging

  • Clean CARFAX Vehicle History Report

Features

  • Equipped with a five-speed manual transmission

  • White-faced gauges with blacking lettering and 160-mph speedometer 

  • Leather-wrapped steering wheel with tilt adjustment

  • Leather-wrapped shift knob, shift boot, and parking brake 

  • Four-way power adjustable driver's seat 

  • Power windows 

  • Air conditioning

  • Power locks

  • Cruise control

  • AM/FM/Cassette tape CD player 

  • Front and rear multi-speaker arrangement 

  • Four-wheel disc brakes with thirteen-inch ventilated front discs and twin-piston PBR calipers

  • Dual outlet exhaust system  

  • Kelly Fierce HP performance tires

Known Imperfections

  • Minor rock chips and imperfections commensurate with a well-maintained 25-year-old vehicle 

  • Driver’s seat shows light signs of wear 

Included

  • Owner’s manuals

  • Spare tire 

  • Jack

Ownership History 

According to the accompanying CARFAX Vehicle History Report, this SVT Cobra was owned for over 11 years by the first registered owner in Ohio and Michigan, parting with the vehicle in 2009 when the second and only other registered owner acquired this Mustang.

Optional vehicle service contract available for $975. Learn more about the program here.

Bids

8/29/23 at 2:14 PM

$15,000

8/29/23 at 1:15 PM

$14,000

8/29/23 at 1:13 PM

$13,200

8/29/23 at 12:45 PM

$12,650

8/29/23 at 12:29 PM

$12,400

View all (22)
More auctions
Hagerty
Valuation Tools

How much is this car worth?

See current values, model info and recent sales for this make and model. Drivers Club members get unlimited pricing history and data.

Hagerty
Insurance

Save 21% per yearon your insurance premium

Apply nowLearn more Arrow right
Auction Sold
Reserve not met
  • Last bidTag$15,000
  • Ended
    Tue, Aug 29, 2023
    7:50 pm UTC
  • BidsUser22
  • ViewsEye outline7,163
  • LocationPin outlineGrand Rapids, Michigan

Never miss a car.

Sign up for Hagerty Marketplace newsletter to keep tabs on cars for sale, recent transactions and featured lots and listings.

More auctions